Based in Beihai, Guangxi Province'

1

Elite Seafood The beginning

• Based in Beihai, Guangxi Province.
• Started in 2004 by 3 partners.
• Originally focused on processing Tilapia and
  Shrimp.
• Changed our focus to farming due to unstable
  supply.
• Searched our province for lakes and suitable
  farming areas.
• Started Cage/Lake Farming in 2006

2
Vertical Integration

• Hatchery Started 2009.
• Feed factory 11,000 tons per year.
• Lake farming 7-12 months Farmed in Lakes/Cages.
• Processing Own factory, traceability, quality
  control, ACC approved.
• Transportation Own fleet of trucks, 8 in total,
  liquid oxygen.

Feed
Feed
Farming
Processing
3
Hatchery
4
Tilapia Farming

• Based in Xiao Jiang, Guangxi Province.
• Lake 22 miles in length.
• Lake is 65-130ft in depth.
• 6,000 cages.
• 10,000 tons of live weight fish.
• No factories, housing in the area.
• 2.5 hours from factory
• First in world to be ACC certified for Tilapia
  farming.

Feed Plant
Offices
Processing Plant
Feed Warehouse
Processing Plant
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Tilapia Feed and Processing Factory

• Based in Beihai, Guangxi Province.
• Beilian Foods Industrial Company.
• 2 Processing Rooms Tilapia/Shrimp
• Size 78,584 sq/ft
• Storage 14,000 sq/ft
• Feed Factory
• Size 129,803 sq/ft
• 4 tons of feed per hour

Feed Plant
Offices
Processing Plant
Feed Warehouse
Processing Plant
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Environmentally Concerned

• We dont use antibiotics.
• We dont use Malachite Green.
• Farmed to BAP standards.
• We use only lakes that are a minimum of 20 meters
  deep.
• We farm no more than 0.3 of lake surface to
  prevent water pollution.

7
Food safety We really care!

• Factory HACCP, EU, ACC and BRC approved.
• New LC/MS/MS testing equipment. One of the first
  private factories to do so.
• Our focus on environmental factors ensures
  healthy raw material.
• We transport our fish to our factory.
• We use liquid oxygen to keep the fish alive until
  slaughter.

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The Difference

• Farmed in fresh, clean water.
• Lake located in the countryside away from
  industry and farms.
• Farmed under a fully traceable system.
• Our system is fully integrated and owned
• and operated by Elite ensuring safe raw
  material.

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Sustainability - Environment

• Control Farming Quantities - Lake area is 60,000
  Mu (4,000 hectares) and we only farm 0.2 of the
  lakes surface.
• Water testing We test the water in the
  reservoir every 3 months and we use the results
  from the report to adjust our bio mass.
• FCE Feed Conversion Efficiency 0.36 (FCR 1.6 x
  5 fishmeal in the fish feed) (FCR 1.6 x 0
  fish oil in the fish feed) x 4.5kg (estimation
  fish used to produce fish meal)

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Sustainability Water Testing Results
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Sustainability Society and Economy

• 85 of our feed is made up from ingredients
  farmed by local domestic farmers.
• 80 of our workers in our farm base have been
  hired from villages near our lake.
• Elite helps with local village projects such a
  completing roads and infrastructure

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Sustainability Smart Business?

• Sustainability opens the door to many customers
  and is a way of showing that Elite Seafood really
  cares.
• Challenges - Balance cost and marketing.
• The cost of cage farming under our sustainable
  system is 40 higher than the normal pond
  farmed tilapia in China
• We need to make a decisions on how much fish we
  will farm 12 months in advance.
• U.S buys 5000 containers of Tilapia Fillets per
  year. We focus on high level customers who care
  about sustainability.
• We plan to be WWF and GLOBALGAP certified as a
  continuation of showing our customers our
  commitment to Sustainability.